President Yun Seok-Yeong attends the Davos Forum in the Desert, ``Korea is a partner in the Middle East that we can trust and have solidarity with'' = South Korea

President Yoon Seo-gyeol, who is on a state visit to Saudi Arabia, announced on the 24th (local time) the 7th Future Investment Initiative Forum, which is billed as the ``Davos Forum in the Desert.''
We attended the forum and had a special discussion. The Future Investment Initiative, which has been held annually since 2017, brings together not only CEOs and investors of global companies, but also leaders of major countries and international organizations.
It was established to invite top executives and others to share their wisdom on global issues. The theme of this year's forum is 'The New Compass.
Compass), President Yoon was invited as the guest of honor at the forum and revealed plans for cooperation between South Korea and the Middle East in a new era.
President Yoon introduced the Republic of Korea as a partner in the Middle East that can be trusted, innovative, and in solidarity for the future.
President Yoon said that the trust between the Middle East and South Korea, which began at a construction site in Saudi Arabia, expanded last year between South Korea and Saudi Arabia.
He introduced a case study that led to economic cooperation of 29 billion dollars (approximately 4,344.5 billion yen) between Arabia and emphasized that ``Korea is a reliable and attractive investment partner.''
He also mentioned that the 'innovativeness' of Korean companies and people is an essential element for the decarbonized development of the Middle East, and stated that the national policy goal is to become a global center of excellence.
and emphasized the 'solidarity' between the Republic of Korea and the Middle East. Choi Sang-mok, head of economics at the presidential office, said, ``I would like to once again confirm to the international community the close cooperation and trusting relationship between the Republic of Korea and the Middle East.
I hope that this state visit to Saudi Arabia will serve as a foundation for further solidifying the era of 'Middle East 2.0' that will be ushered in."
Taking the opportunity of this day's forum, the Korea Export and Insurance Corporation and the Saudi National Wealth Fund signed a financial cooperation MOU and
The two countries decided to continue financial cooperation in large-scale infrastructure projects promoted by Saudi Arabia, such as the New Year 2030 and the Neom project.